Entries by Wally Graham

Deep Yellow reports positive results from Namibian drill campaign

THE DRILL SERGEANT: Deep Yellow Limited (ASX: DYL) has released Fusion XRF chemical assay results from recent resource drilling conducted at the Ongolo Alaskite deposit in Namibia. The drilling was carried out by the company’s wholly-owned subsidiary company Reptile Uranium Namibia.   Resource outlines and drilling – Omahola project area. Source: Company announcement   Deep […]

Red Sky gets nod of approval for SOLEIR solar power project

THE BOURSE WHISPERER: Red Sky Energy (ASX: ROG) has been granted an updated Development Approval for the company’s proposed solar power project in Dubbo, in New South Wales. Red Sky acquired solar energy company, SOLEIR, in November last year, which is a developer of utility scale photovoltaic solar power projects with its first project located […]

Azure Minerals intersects 70m of Mexican copper

THE DRILL SERGEANT: Azure Minerals (ASX: AZS) has received all assay results from recently-completed drilling at the company’s Promontorio project, located in the Mexican state of Chihuahua. The results include a 70 metre intersection of copper mineralisation at Cascada as well as copper intersections at a newly identified prospect – Risco Dorado.   Promontorio project […]

Millennium Minerals declares commercial production at Nullagine

THE DRILL SERGEANT: Millennium Minerals (ASX: MOY) has declared Commercial Production at the company’s Nullagine gold project in the East Pilbara District of Western Australia, signalling the completion of commissioning and operational ramp‐up of the mine and processing plant. The company stated the overall performance of the mine since November 2012 has demonstrated the mine […]

Cullen Resources follows Rox example

THE DRILL SERGEANT: Cullen Resources (ASX: CUL) has followed the lead of its neighbour Rox Resources (ASX: RXL) to carry out digitizing and statistical analysis of historical lag and shallow drill sampling data for the company’s Mt Eureka project. The company claims the exercise has revealed a number of notable nickel anomalies in the area […]

Queensland Mining intersects more gold at Greenmount

THE DRILL SERGEANT: Queensland Mining Corporation (ASX: QMN) has received assays from the first of four diamond drill holes completed at Greenmount during the December Quarter of 2012. Greenmount is part of the company’s 100 per cent-owned White Range copper and gold project, located south of Cloncurry in the Mt Isa Fold Belt in Queensland. […]

Kentor Gold drilling extends Murchison gold mine mineralisation

THE DRILL SERGEANT: Recent drilling conducted by Kentor Gold (ASX: KGL) has extended the high-grade mineralisation at the NOA 7/8 deposit at the company’s Murchison gold mine in Western Australia. “This is an outstanding outcome with all six RC holes indicating extensions of gold mineralisation beyond the NOA 7/8 orebody,” Kentor Gold managing director Simon […]

Gold Road Resources hits mark with Central Bore drilling

THE DRILL SERGEANT: Gold Road Resources (ASX: GOR) has received assays of up to 171 grams per tonne gold from the second drill hole of an eight-hole deeper diamond drill program completed at the Central Bore project located on the company’s wholly-owned Yamarna Belt in Western Australia. The hole returned encouraging intersections, including: –    4 […]

AMMG produces high-purity alumina

THE BOURSE WHISPERER: Australia Minerals and Mining Group (AMMG) (ASX: AKA) claims to have produced over 99.9 per cent of high-purity alumina (HPA). The company explained it has achieved this using its own unique aluminous clay (kaolin) to alumina processing technology. AMMG used samples from all four of its South West HPA projects in Western […]

International Goldfields to merge US gold company

THE BOURSE WHISPERER: International Goldfields (ASX: IGS) has executed a Definitive Merger Agreement with United States-based Santa Fe Gold Corporation to merge the two companies, resulting in Santa Fe becoming a wholly-owned subsidiary of IGS. IGS claims the proposed merged entity will be a diversified, well-funded and low cost gold-silver explorer, developer and miner, listed […]